Thailand chief among top executives leaving troubled Credit Suisse
Local banks foresee only a small impact from the troubles facing Credit Suisse and some banks in the United States due to their low external exposures and strong capital positions, according to the Thai Bankers’ Association.
Thai lenders have worked closely with the Bank of Thailand on supervision to strengthen their positions, Kobsak Duangdee, secretary-general of the TBA, said on Thursday.
“They don’t have large overseas borrowing and their…
